Financial Conduct Authority Tag

The Financial Conduct Authority (FCA) has joined financial regulators from around the world to create a new global network to boost fintech innovation.
The Global Finance Innovation Network (GFIN) will aim to provide a more efficient method for innovative fintech firms to interact with regulators.
The City

Peer-to-peer lender Zopa is back in the black as the firm's profit after tax for 2017 hit £1.5m.
The financial firm, which matches borrowers with people looking to invest, reported a revenue increase of 40 per cent to £46.5m in its annual report for last year.

UK Chancellor Philip Hammond is expected to tout the strengths of the country's financial technology sector as he visits two regional hubs — despite the threat Brexit poses to the industry.
Hammond will travel to Halifax and Edinburgh on Thursday where he will meet representatives from

In the historic setting of the London Guildhall, the Innovate Finance Global Summit aimed to map the opportunities, challenges, and future of fintech, not just in the UK but globally. More than 2,000 fintech leaders and innovators across the world, along with over 180 speakers,

The British government has announced a plan to establish a cryptocurrency ‘task force’ that will include Her Majesty’s Treasury, The Bank of England and the Financial Conduct Authority.
As a part of the UK government’s broader Fintech Sector Strategy, UK Chancellor of the Exchequer Philip Hammond

Fintech companies from across the world have recently pushed significant investments in London. Last year, the UK outstripped all of its European counterparts for fintech investment and even as recently as recently as Tuesday US fintech Motive Partners opened in Canary Wharf.
Whilst there has been

The UK government has launched what it calls the Fintech Sector Strategy, a programme announced by Chancellor Philip Hammond that includes a new cryptoassets task force, advances in regtech and a UK-Australia start up support programme, among others.
“I am committed to helping the sector grow

UK fintech firms expect higher than average growth over the next few years as London remains a top destination for business.
UK-based financial technology firms expect 88 per cent growth over the next three years, topping the average country's expectations, according to a global fintech survey

Chancellor Philip Hammond is expected this week to unveil two large scale projects to boost Britain’s fintech sector, with blockchain technology and international cooperation high on the agenda.
Hammond will launch a new fintech strategy at an international conference on Thursday.
The strategy includes plans for a

The UK's finance watchdog is set to meet with regulators from the US, Europe and Asia later this week to draw up plans to create a global fintech sandbox.
The Financial Conduct Authority launched its own sandbox in 2016, which provides a safe space for innovators